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NEC Corp (6701.T)

6701.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

NEC Announces Results Of Early Retirement Programme
Thursday, 29 Nov 2018 

Nov 29 (Reuters) - NEC Corp <6701.T>::TO BOOK 20 BILLION YEN CHARGE IN Q3 FOR COST OF EARLY RETIREMENT MEASURES, ALREADY FACTORED INTO FULL-YEAR CONSOLIDATED FORECAST.2,170 EMPLOYEES APPLIED FOR EARLY RETIREMENT EFFECTIVE DEC 28.  Full Article

NEC to transfer shares of units
Friday, 3 Aug 2018 

Aug 3(Reuters) - NEC Corp <6701.T>:Says it plans to transfer 100 percent stake in unit NEC Energy Devices, Ltd. to a group company of Envision.Says it and unit NEC Energy Devices will transfer entire 49 percent stake in Automotive Energy Supply Corporation to Nissan Motor Co Ltd <<<7201.T>>>.Transaction date on March 29, 2019.Says after the transaction, Nissan Motor will transfer all shares of Automotive Energy Supply Corporation to Envision.  Full Article

NEC Networks & System Integration to set up CVC fund
Friday, 12 Jan 2018 

Jan 12 (Reuters) - NEC Networks & System Integration Corp <1973.T>:Says it will set up a corporate venture capital(CVC) fund, with working capital of 500 million yen, to invest IoT and AI related venture business.Says the fund will start operation from February .  Full Article

NEC Acquires UK-Based IT Services Company Northgate Public Services
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - NEC Corp <6701.T>::NEC ACQUIRES UK-BASED IT SERVICES COMPANY NORTHGATE PUBLIC SERVICES.NEC CORP - ANNOUNCED ACQUISITION OF UK-BASED IT SERVICES COMPANY NORTHGATE PUBLIC SERVICES LTD; NEC IS BUYING NPS FOR GBP 475 MILLION FROM CINVEN​.  Full Article

NEC plans to sell unit NEC Energy Devices
Monday, 4 Dec 2017 

Dec 4 (Reuters) - NEC Corp <6701.T>:Says it plans to sell all shares of unit NEC Energy Devices, Ltd.,to GSR Capital, a private investment fund, with undisclosed price, effective March 30, 2018 .  Full Article

NEC receives cease-and-desist order and surcharge order
Wednesday, 15 Feb 2017 

NEC Corp <6701.T>: Says it received cease-and-desist order and surcharge order from Japan Fair Trade Commission on Feb. 15, due to violation of antimonopoly law . Says it was required to stop the misconducts .Says it was also required to pay surcharge of 240.65 million yen.  Full Article

EU mergers and takeovers (Jan 18)

BRUSSELS, Jan 19 The following are mergers under review by the European Commission and a brief guide to the EU merger process: